Many Aussie businesses have decided to refuse card payments.
At first, it can seem like a massive hit to your cash flow; however, that scare is short-lived because Payment Logic is the solution for you to continue paying your suppliers, bills, and any business by card even if they don’t accept it.
Why is this happening?
Recent Reserve Bank of Australia (RBA) announcements have revealed a surcharge ban for many vendors, wholesalers, and service providers. This has left many Aussie businesses in a tough position. Rather than absorbing credit card processing fees into their own margins or raising base prices, many are choosing to cut out card payments completely, forcing customers onto direct bank transfers (EFT).
The hidden cost of EFT only
Limiting strictly to standard bank transfers strips away your financial flexibility, something we do not believe in at Payment Logic. By forcing you onto standard bank transfers, suppliers shorten your operational runway:
- Unearned Reward Points: High-value B2B spend is the single fastest way to stack up reward points that could fund corporate travel, offset expenses, or reward your team.
- Lost Interest-Free Days: Most commercial credit cards offer valuable interest-free terms that keep cash in your account longer.
Not on our watch: Payment Logic keeps everything running smoothly for your business
Payment Logic was built to eliminate this exact trade-off. Through the Payment Logic platform, you can pay almost any supplier invoice using your preferred:
- Visa, Mastercard, or American Express card.
- Even if the vendor only accepts bank transfers.
Here’s how
Your Credit Card ──► Payment Logic Platform ──► Supplier’s Bank Account via EFT
You pay by card: Process your supplier invoices using Visa, Mastercard or Amex.
We pay via bank transfer: We process the payment and deposit the funds directly into your supplier’s account via standard EFT.
Everyone wins: Your supplier receives their funds without merchant fee overheads, you get to pay with your card and reap all the points.
Why Choose Payment Logic
Maximise Every Point: Earn your card’s full reward points plus more with our Rewards Accelerator feature
Up to 55 Days Interest-Free: Hold onto your cash longer by taking full advantage of your credit card’s interest-free period.
Highly competitive Rates, $0 Subscriptions: Transparent pricing, no lock-in contracts, monthly account fees, or hidden surprises.
One-Click Accounting Sync: Simple and quick integration with Xero and Myob.
Bank-grade Security: Rest easy knowing your payments are protected by bank-grade encryption.
Over 10 Years of Experience: We were the first to create this service in the market and have over 10 years of experience.
Take Back Control of Your Cash Flow
With Payment Logic, you decide how to pay, keeping your rewards stacked, your working capital intact, and your business moving forward.
